H.R. 407In Committee

Prevent Tariff Abuse Act

Introduced: Jan 15, 2025

Latest action date: Jan 15, 2025

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Executive Summary

Prevent Tariff Abuse Act

This bill prohibits the President from exercising authorities under the International Emergency Economic Powers Act (IEEPA) to impose duties, tariff-rate quotas, or other quotas on imports entering the United States. (IEEPA provides the President with broad authority to regulate various economic transactions following a declaration of a national emergency.)

Latest Action

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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